Going away to college is hard enough for a lot of kids. It’s your first time away from your parents and you have to fend for yourself. All of the sudden, the world also now expects you to know how to handle your own finances.
Fair or not, there are a number of financial threats that exist for college students. And knowing what these threats are could be a key factor in helping you avoid them. The first, and potentially most dangerous, is the overuse of student loans. Taking on a high amount of student debt can get you into trouble early, and leave you paying down that debt for many years. For a full list of college finance pitfalls, read this article.